Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 PEERS SQUARE is a very large detached house of 208m², built sometime between 1996 and 2002. It was last sold for £845,000 in October 2022, which was around 23% above the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 12 PEERS SQUARE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 12 PEERS SQUARE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 24 OCT | £845,000 | £687,552 | 23% above HPI |
2014 17 JUL | £600,000 | £433,262 | 38% above HPI |
2001 30 MAY | £387,950 | £198,892 | 95% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 12 PEERS SQUARE sales between May 2001 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
12 PEERS SQUARE is 208m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 12 PEERS SQUARE lies on this distribution: 92% of detached houses are smaller than 12 PEERS SQUARE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
12 PEERS SQUARE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 12 PEERS SQUARE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 PEERS SQUARE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
12 PEERS SQUARE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on PEERS SQUARE.